Filed by Filing Services Canada Inc. 403-717-3898





FORM 6-K

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

Report of Foreign Private Issuer

Pursuant to Rule 13a-16 or 15d-16 of

the Securities Exchange Act of 1934

For the month of

November

 

 2005

Commission File Number

001-31704

 

FNX Mining Company Inc.

(Translation of registrant’s name into English)

55 University Avenue, Suite 700, Toronto, Ontario, M5J 2H7 Canada

(Address of principal executive offices)

Indicate by check mark whether the registrant files or will file annual reports under cover Form 20-F or Form 40-F.


Form 20-F

 

Form 40-F

X


Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(1):          

     

Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(7):            


Indicate by check mark whether by furnishing the information contained in this Form, the registrant is also thereby furnishing the information to the Commission pursuant to Rule 12g3-2(b) under the Securities Exchange Act of 1934.


Yes

 

No

X


If “Yes” is marked, indicate below the file number assigned to the registrant in connection with Rule 12g3-2(b) : 82-_______________



 

 

 

 

 









 

DOCUMENTS INCLUDED AS PART OF THIS REPORT



Document

 

1

Additional Information to Accompany News Release Dated October 31, 2005

2

Material Change Report, dated November 4, 2005



 

 

 

 

 

 







DOCUMENT 1



 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 






[fnx6k120205a002.gif] 



ADDITIONAL INFORMATION TO ACCOMPANY NEWS RELEASE

DATED 31 OCTOBER, 2005

 

                                                Levack Footwall Deposit – Holes Reported Today

BHID

Feet

%

g/t

TPM

 

From

To

Length

Cu

Ni

Pt

Pd

Au

TPM

oz/st

           

FNX6046C

4155.8

4165.9

10.1

4.79

1.18

0.89

1.00

0.13

2.03

0.06

incl.

4163.0

4165.9

2.9

14.4

0.94

2.30

2.56

0.17

5.03

0.15

 

4209.6

4216.9

7.3

2.36

0.23

0.80

1.88

2.25

4.93

0.14

incl.

4215.8

4216.9

1.1

13.10

0.38

0.85

8.70

0.35

9.9

0.29

 

4237.6

4246.1

8.5

4.87

0.20

1.54

2.92

0.23

4.69

0.14

incl

4243.2

4244.4

1.2

28.00

0.09

4.82

12.3

0.22

17.34

0.51

 

4274.6

4276.1

1.5

25.20

0.96

3.74

31.9

0.81

36.45

1.06

 

4309.4

4316.6

7.2

28.52

3.00

7.69

21.4

1.36

30.44

0.89

 

4333.2

4341.0

7.8

13.16

1.28

6.48

8.59

0.58

15.65

0.46

incl.

4333.2

4336.9

3.7

27.06

1.42

13.01

16.09

0.54

29.65

0.86

 

4365.7

4385.9

20.2

30.31

0.51

6.62

20.5

4.14

31.27

0.91

incl.

4365.7

4366.6

0.9

0.91

0.17

0.41

1.58

67.9

69.89

2.04

 

4436.9

4438.4

1.5

6.85

0.14

3.23

1.03

0.13

4.39

0.13

 

4459.35

4460.7

1.35

28.20

4.53

6.41

7.37

0.33

14.11

0.41

           

FNX6049

4462.4

4463.7

1.3

24.7

0.61

1.65

23.8

0.58

26.03

0.76

 

4490.2

4491.5

1.3

3.27

3.48

0.98

0.26

0.63

1.87

0.05

           

FNX6049A

4204.26

4213.5

9.3

26.08

0.4

1.26

2.33

0.62

4.21

0.12

           

FNX7036

1343.5

1345.1

1.6

25.7

0.11

2.47

3.36

3.33

9.16

0.27

 

1380.6

1387.4

6.8

0.81

1.76

1.09

1.23

0.34

2.65

0.08

 

1410

1447.6

37.6

12.2

2.55

2.02

7.89

0.49

10.39

0.3

incl.

1410

1417.2

7.2

23.42

5.35

3.94

15.97

0.18

20.09

0.59

incl.

1420.1

1437.4

17.3

3.45

0.88

0.71

2.01

0.42

3.13

0.09

incl.

1438.9

1447.6

8.7

24.5

4.54

3.72

15.88

0.8

20.4

0.6

 

1488.6

1495.3

6.7

2.21

1.07

0.9

0.71

0.03

1.65

0.05

           

FNX7039

1242.6

1251.9

9.3

4.63

0.08

2.71

2.03

0.5

5.24

0.15

incl.

1242.6

1245.2

2.6

13.9

0.06

7.68

3.63

1.38

12.69

0.37

 

1257.5

1260.6

3.1

1.23

0.21

3.2

2.89

0.23

6.32

0.18

 

1283.5

1286.6

3.1

3.4

1.55

2.4

2.13

0.28

4.81

0.14

 

1316.9

1317.9

1.0

23.6

0.99

5.88

1.35

0.15

7.38

0.22

 

1387.7

1388.7

1.0

17.9

0.1

2.53

0.58

5.76

8.87

0.26

 

1570.1

1573

2.9

0.82

0.26

7.36

3.38

0.77

11.51

0.34

           










FNX7040

1358.5

1368.0

9.5

5.5

3.02

0.45

2.64

0.41

3.50

0.10

 

1379.0

1380.0

1.0

9.36

0.08

0.99

2.47

0.26

3.72

0.11

           
           

FNX7042

1216.1

1230.9

14.8

22.67

2.17

3.91

9.62

1.91

15.44

0.45

incl.

1216.1

1228.5

12.4

27.00

2.55

4.46

11.08

0.91

16.45

0.48

 

1258.2

1259.3

1.1

16.30

0.52

3.14

4.79

0.6

8.53

0.25

 

1305.4

1316.4

11.0

21.40

3.36

4.59

12.43

1.77

18.79

0.55

incl.

1308.4

1316.4

8.0

26.94

3.71

5.49

14.57

0.15

20.20

0.59

           


                                    Table 2: Rob’s Footwall Deposit

BHID

Feet

%

g/t

TPM

 

From

To

Length

Cu

Ni

Pt

Pd

Au

TPM

oz/st

        

FNX Drilling – Reported Today

       

FNX6048B

3216.6

3264.5

47.9

3.26

3.65

1.64

3.44

0.03

5.11

0.15

incl.

3216.6

3241.3

24.7

3.07

3.29

2.15

4.58

0.03

6.76

0.20

incl.

3251.4

3264.5

13.1

6.08

7.05

1.89

3.75

0.03

5.68

0.17

           

FNX7042

87.6

91.6

4.0

5.18

3.51

0.52

1.51

0.07

2.10

0.06

 

119.9

121.0

1.1

5.36

5.52

0.72

1.46

0.03

2.21

0.06

 

129.8

140.0

10.2

1.91

4.14

0.86

2.17

0.05

3.08

0.09

incl.

129.8

135.2

5.4

2.08

6.38

1.36

2.87

0.04

4.27

0.12

           

FNX7045

199.7

213.9

14.2

1.72

3.13

0.54

1.37

0.02

1.93

0.06

incl.

205.3

213.9

8.6

2.62

4.54

0.74

1.96

0.03

2.73

0.08

 

248.7

259.2

10.5

1.94

2.93

0.54

1.36

0.02

1.92

0.06

incl.

255.65

259.2

3.55

4.66

5.90

1.01

2.30

0.01

3.32

0.10

 

455.4

489.2

33.8

1.91

2.26

0.57

1.47

0.04

2.07

0.06

incl.

455.4

463.5

8.1

2.02

2.30

0.56

1.47

0.06

2.09

0.06

incl.

479.2

489.2

10.0

4.66

5.74

1.38

3.64

0.04

5.07

0.15

           

FNX7046

221.5

239.6

18.1

2.12

3.27

0.56

1.11

0.02

1.69

0.05

incl.

229.4

239.6

10.2

2.54

4.94

0.71

1.31

0.02

2.03

0.06

           

FNX Drilling – Previously Reported

       

FNX60FNX6048

3440.5

3441.7

1.2

8.20

0.38

3.95

6.44

2.49

12.88

0.38

 

3480.6

3488.0

7.4

2.72

2.51

0.23

1.38

0.03

1.64

0.05

           

Historical Drilling

         

886680

540.1

597.7

57.6

1.52

1.76

0.6

0.98

0.03

1.61

0.05

incl.

540.1

560.3

20.2

2.93

3.83

1.03

1.97

0

3.00

0.09

incl.

587.5

597.7

10.2

2.33

1.68

0.8

1.21

0.1

2.11

0.06

           

900550

523.2

527.1

3.9

4.2

3.78

0.62

0.82

0

1.44

0.04

 

548.5

576.7

28.2

1.18

1.19

0.23

0.59

0

0.82

0.02

incl.

548.5

555.6

7.1

1.58

2.23

0.38

0.91

0

1.29

0.04










incl.

574.5

576.7

2.2

6.29

5.23

1.03

2.26

0

3.29

0.10

           

912070

232.2

233.3

1.1

6.28

8.08

1.44

2.88

0.51

4.83

0.14

           

924430

639.8

687.1

47.3

1.99

3.16

0.64

1.85

0.02

2.51

0.07

           

927010

368.4

368.9

0.5

16.3

5.22

1.03

14.4

0.1

15.53

0.45

           



                                    Lower Levack Footwall Zone – Holes Reported Today

BHID

Feet

%

g/t

TPM

 

From

To

Length

Cu

Ni

Pt

Pd

Au

TPM

oz/st

           

FNX6045A

5233.0

5234.0

1.0

0.37

0.10

8.81

4.98

1.81

15.6

0.46

           

FNX6046B

5189.1

5210.0

20.9

3.41

0.34

4.17

4.16

0.89

9.22

0.27

incl.

5208.0

5210.0

2.0

31.83

2.82

17.9

29.9

0.40

48.2

1.41

           

FNX6047

4986.7

4996.3

9.6

2.78

0.51

3.41

5.92

4.09

13.42

0.39

 

5033.3

5046.2

12.9

0.26

0.06

2.23

1.71

0.53

4.47

0.13

 

5072.8

5074.3

1.5

0.39

0.07

7.61

3.58

0.55

11.74

0.34

 

5093.6

5099.4

5.8

0.15

0.02

2.82

2.59

0.26

5.68

0.17

 

5165.7

5169.6

3.9

17.42

4.16

14.33

41.61

3.32

59.26

1.73

           

FNX7039

1570.1

1573.0

2.9

0.82

0.26

7.36

3.38

0.77

11.51

0.34

           


                                    Keel Footwall Zone    - Previously Reported

Borehole

Feet

%

g/t

oz/st

From

To

Length

Cu

Ni

Pt

Pd

Au

TPM

TPM

FNX6019

145.0

157.5

12.5

0.8

2.0

0.4

1.3

0.0

1.7

0.05

FNX6023

699.6

707.1

7.5

0.4

0

1.2

1.7

0.6

3.5

0.10

FNX6025

770.7

775.5

4.8

28.9

0.5

1.0

3.0

0.5

4.6

0.13

FNX6027

1635.6

1643.7

8.1

0.3

0.1

1.5

0.8

0.6

2.9

0.08

FNX6028

569.1

570.1

1.0

6.2

11.6

0

0

0

0

0

FNX6029

739.9

767.8

27.9

20.6

1.0

1.0

3.7

0.4

5.1

0.15

 

739.9

745.1

5.2

23.1

3.6

1.0

4.2

0.3

5.6

0.16

 

752.1

767.8

15.7

29.0

0.5

1.5

5.2

0.5

7.2

0.21

 

950.9

956.1

5.2

7.1

1.6

0.6

0.4

0.9

1.9

0.06

FNX6032A

1039.6

1041.0

1.4

11.3

2.6

1.3

8.5

0.3

10.1

0.29

 

1138.5

1139.8

1.3

18.9

9.1

1.3

8.5

0.7

10.5

0.31

FNX6034

1014.8

1015.3

0.5

8.6

0.4

1.2

2.9

0.4

4.5

0.13

FNX6035

    

nsv

FNX6037

1022.8

1029.5

6.7

3.9

0.8

1.3

1.3

1.0

3.6

0.11

 

1107.4

1112.1

4.7

0.2

<0.1

0.9

0.5

0.3

1.6

0.05

 

1267.4

1270.7

3.3

0.4

0.1

3.9

1.8

0.4

6.1

0.18

FNX6038

738.7

741.8

3.1

28.9

0.1

0.9

6.1

0.6

7.6

0.22

 

856.2

858.8

2.6

1.5

0.4

4.4

4.1

0.6

9.1

0.27

 

878.3

880.1

1.8

22.7

0.5

3.6

6.4

1.4

11.4

0.33







                                    Keel Footwall Zone -  Historic Drilling

Borehole

Feet

%

g/t

oz/st

From

To

Length

Cu

Ni

Pt

Pd

Au

TPM

TPM

855640

329.2

332

2.8

1.5

0.3

5.6

4.7

0.6

10.9

0.32

 

876.5

880.8

4.3

0.4

0.1

6.3

3.2

4.8

14.3

0.42

855650

683

685

2.0

9.6

0.1

0

0.6

0.1

0.7

0.02

 

754.5

756.1

1.6

12.4

0.1

0

0.2

0

0.2

0.01

855670

845.7

852.5

6.8

2.6

0.4

0

0.2

0

0.2

0.01

855710

760.6

763.1

2.5

27.8

0.2

0.9

5.9

1.5

8.3

0.24

 

952.2

956.7

4.5

31.0

0.3

3.4

8.5

0.5

12.4

0.36

971610

1208.3

1263

54.7

0.3

0.1

1.0

0.5

0.3

1.8

0.05

 

1295.3

1309

13.7

0.4

0.1

2.9

1.5

0.8

5.2

0.15

971630

839.2

847.3

8.1

0.5

0.1

2.0

3.3

0.3

5.6

0.16

 

865.6

867.1

1.5

0.2

<0.1

13.0

3.5

0.4

16.9

0.49




Notes to Tables

 


 






























[fnx6k120205a004.gif]








[fnx6k120205a006.gif]


 





[fnx6k120205a008.gif]







[fnx6k120205a010.gif]








DOCUMENT 2



 

 

 

 

 

 

 

 

 

 

 

 






FNX MINING COMPANY INC.


MATERIAL CHANGE REPORT


Item 1.

Name and Address of Company


FNX MINING COMPANY INC., 55 University Avenue, Suite 700, Toronto, Ontario M5J 2H7.


Item 2.

Date of Material Change


October 31, 2005.


Item 3.

News Release


The Press Release was sent on October 31, 2005 via CCN Matthews – Toronto, Ontario.


Item 4.

Summary of Material Change


For further information, attached hereto is a copy of the Press Release.


Item 5.

Full Description of Material Change


For further information, attached hereto is a copy of the Press Release.


Item 6.

Reliance on subsection 7.1(2) or (3) of National Instrument 51-102


Confidentiality is not requested.


Item 7.

Omitted Information


No information has been omitted in respect of the material change.


Item 8.

Executive Officer


Terry MacGibbon, President [416] 628-5922.


Item 9.

Date of Report

November 4, 2005







[fnx6k120205a002.gif]

 


FNX Continues to Intersect High-Grade Mineralization and Significantly Expands Overall Potential at Its Levack Mine

-

TORONTO: October 31, 2005 – FNX Mining Company Inc. (FNX-TSX/AMEX) announces that the on-going drill program, at its 100% owned Levack Property in the Sudbury, Ontario mining district, continues to intersect significant widths of high-grade, Cu-Ni-Pt-Pd-Au footwall mineralization (e.g. 30.3% Cu, 0.5% Ni, 31.3 g/t Pt-Pd-Au over 20.2’ ~ C$2,000 per ton of ore) and to expand the size of the Levack Footwall Deposit.


This drilling also intersected high-grade Cu-Ni-Pt-Pd-Au mineralization hundreds of feet above (“Rob’s Footwall Zone”) and hundreds of feet below (“Lower Levack Footwall Zone”) the Levack Footwall Deposit. In addition, FNX Mining earlier this year announced the discovery of similar, high-grade footwall mineralization (“Keel Footwall Zone”) some 4,000 feet up plunge of the Levack Footwall Deposit (Figure1).


This brings to four the total number of known, high-grade Cu-Ni-Pt-Pd-Au mineralized footwall zones behind the Levack Mine.  Each of the four zones discovered to date occurs within the same Sudbury Breccia package, which has an exploration envelope of 2,000’ along strike, 1,000’ in thickness and over 6,000’ down plunge. Although the Levack Footwall Deposit remains the most advanced and potentially significant deposit, all of the high-grade mineralized zones are open in all directions and have excellent stand alone potential.


The Company continues to be very encouraged by the results obtained to date. The economic significance of the individual zones and how they might relate to each other are unknown at this time and extensive additional diamond drilling is required to fully evaluate the four individual footwall zones and the overall potential of the large, very prospective, Levack footwall environment.


Pending similar encouraging drill results, the Company expects to initiate scoping studies in the first half of 2006 to evaluate possible underground access to the Levack Footwall Deposit to permit detailed close-spaced diamond drilling and the extraction of a bulk sample.


LEVACK FOOTWALL DEPOSIT


All seven of the Levack Footwall Deposit boreholes being reported today intersected Sudbury Breccia host rocks that contain high-grade, massive sulphide veins varying in thickness from a few feet to over 20 feet.


                                                   HIGHLIGHTS - LEVACK FOOTWALL DEPOSIT   (see Figure 2)


Borehole

Feet

Cu %

Ni %

Pt+Pd+Au g/t

Pt+Pd+Au  oz/st

FNX6046C

7.2

28.5

3.0

 30.5

0.9

 

7.8

13.2

1.3

15.7

0.5

 

20.2

30.3

0.5

                 31.3

0.9

FNX6049

1.3

24.7

0.6

26.0

0.8

FNX6049A

9.3

26.1

0.4

 4.2

0.1

FNX7036

37.6

12.2

2.6

10.4

0.3

incl.

7.2

23.4

5.4

20.1

0.6

incl.

8.7

24.5

4.5

20.4

0.6

FNX7039

9.3

4.6

0.1

 5.2

0.2

 

1.0

23.6

1.0

 7.4

0.2

FNX7040

9.5

5.5

3.0

 3.5

0.1

FNX7042

12.4

27.0

2.6

16.5

0.5

 

11.0

21.4

3.4

18.8

0.6








The Levack Footwall Deposit responds very well to both UTEM and Radio Imaging Method (“RIM”) borehole geophysical techniques. BH UTEM is an excellent tool to discover massive sulphide deposits in Sudbury, while RIM is more suited to delineating the deposits after discovery.  The borehole UTEM geophysical surveys completed to date indicate that the Levack Footwall Deposit extends to the detection limits of the UTEM surveys and that it is at least 1,200 ft along plunge, 700 to 800 ft in width and is open in all directions.


Because RIM is a superior tool to delineate and better optimize the positioning of the conductive mineralized system, the focus of the borehole geophysical surveys in the Levack Footwall Deposit has recently shifted to the use of RIM.  The limited RIM results to date indicate that the Levack Footwall Deposit may be larger than indicated by the BH UTEM results. The plunge direction RIM panels indicate a plunge extent of at least 1,400’ for the most intense mineralization and up to 2,000’ for the less intense mineralization. The strike direction RIM panel indicates a strike extent of over 1,000’ as the deposit becomes possibly thicker, up to 200’, and more complex in character to the east. Surface and underground platforms are being constructed to permit drill testing of this untested eastern portion of the RIM panels.


To date, the Levack Footwall Deposit has been intersected for over 700 feet along strike and for 700 feet down plunge (3,800’ level to about the 4,400’ level).  Its mineralized system is characterized by chalcopyrite-rich veins, with significant cubanite, pentlandite and millerite and is interpreted as being a ‘Sharp-walled’ Cu-Ni-Pt-Pd-Au vein system. It is analogous to nearby past and currently producing Cu-Ni-Pt-Pd-Au vein deposits such as FNX’s McCreedy West Footwall Cu Zone, Inco’s McCreedy East 153/170 Zones, and Falconbridge’s Fraser/Strathcona Deep Copper Zones. These ore deposits are some of the most profitable in the Sudbury mining district.


A detailed review of drill intersections from the Levack Footwall Deposit to similarly spaced boreholes in the mined out McCreedy West Footwall Cu Zone shows similar copper grades (20.3% versus 19.1%), higher nickel grades (3.2% vs. 2.0%) and much higher Pt+Pd+Au grades (22.3 g/t vs., 7.9 g/t) and wider drill intersection lengths (10.6 feet vs. 8.6 ft.) in the Levack Footwall Deposit. The historic mining grade and size of the mined out McCreedy West Footwall Cu Zone is unknown to FNX.


The Levack Footwall Deposit is in close proximity to both FNX’s Levack Mine and Falconbridge’s Craig Mine infrastructures.  Drilling of the Levack Footwall Deposit will continue with four surface drill rigs on the Levack Mine property and two underground rigs operating from Falconbridge’s Craig Mine.


ROB’S FOOTWALL ZONE


Rob’s Footwall Zone (formerly called #7 Footwall Zone) was previously tested by five historical boreholes, all of which intersected massive sulphides containing Cu-Ni-Pt-Pd-Au mineralization over significant widths (e.g.  2.0% Cu, 3.2% Ni and 2.5 g/t Pt+Pd+Au over 47.3’).


                                                           HIGHLIGHTS - ROB’S FOOTWALL ZONE

Borehole

Feet

Cu%

Ni%

Pt+Pd+Au g/t

Pt+Pd+Au oz/st

Drilling Reported Today

FNX6048B

47.9

3.3

3.7

5.1

0.2

FNX7042

10.2

1.9

4.1

3.1

0.1

FNX7045

8.6

2.6

4.5

2.7

0.1

and

33.8

1.9

2.3

2.1

0.1

FNX7046

18.1

2.1

3.3

1.7

0.1

      

Historical Drilling

BH 924430

47.3

2.0

3.2

2.5

0.1

BH 886680

20.2

2.9

3.8

3.0

0.1

BH 900550

28.2

1.2

1.2

0.8

 

incl

2.2

6.3

5.2

3.3

0.1

and

2.6

3.4

5.3

2.7

0.1

and

3.9

4.2

3.8

1.4

 









Although realized to have excellent potential, Rob’s Footwall Zone, which is close to underground infrastructure at Levack Mine, cannot be readily drill tested from surface due to its location below mined out areas. However, the recently established drill platforms in Falconbridge’s Craig Mine have facilitated drill testing Rob’s Footwall Zone.


Recent FNX drilling 300 feet east of the historic drilling intersected high-grade Cu-Ni-Pt-Pd-Au mineralization over similar widths (e.g. 3.3% Cu, 3.7% Ni, 5.1 g/t Pt+Pd+Au over 47.9’ ~ C$768 per ton of ore ) and has expanded Rob’s Footwall Zone along strike and to depth.  The zone is open in all directions and the possibility exists that it may join with the Levack Footwall Deposit


Rob’s Footwall Zone is hosted in thermally recrystallized Sudbury Breccia proximal to the base of the Sudbury Igneous Complex. The mineralization is characterized by massive veins and semi-massive sulphide zones rich in nickel and copper with elevated amounts of Pt-Pd-Au relative to the pyrrhotite-rich, low Pt-Pd-Au, sulphide assemblages typical of Sudbury Contact Ni styles of mineralization.  


The location and the high-grade Ni and Cu values with significant Pt-Pd-Au are typical of Transitional Deposit styles of mineralization in Sudbury and may represent a transition from the nickel-dominant Levack Contact Deposits to the Cu-Pt-Pd-Au dominant Levack Footwall Deposit. An example of a transitional deposit being connected to a footwall deposit occurs a few kilometers to the west at FNX’s McCreedy West Mine, where the mined out transitional Middle Main Deposit connects to the Footwall Cu Deposit.


Drilling underground to further test the potential of Rob’s Footwall Zone is ongoing from an historical exploration drift that extends from Falconbridge’s Craig Mine onto FNX’s Levack Mine Property.  These boreholes are relatively short as the exploration drift is only a few hundred feet from Rob’s Footwall Zone.


LOWER LEVACK FOOTWALL ZONE


The Levack Footwall Deposit boreholes are routinely extended through the deposit into the lower portion of the host Sudbury Breccia package, which is considered to have potential to host Low-Sulphide Cu-Ni-Pt-Pd-Au mineralization similar to the McCreedy West PM Deposit.  The mineralization reported today is from boreholes whose primary target was the Levack Footwall Deposit but, which intersected the previously unknown Lower Levack Footwall Zone.


The Lower Levack Footwall Zone sulphide mineralization varies from massive chalcopyrite-rich veins with very high metal values (e.g. 31.8% Cu, 2.8% Ni and 48.2 g/t of Pt+Pd+Au over 2.0 ft., ~ C$2,783 per ton of ore) to stringer and disseminated sulphides with high Pt-Pd-Au tenors (3.45% Cu, 0.3% Ni, 9.2 g/t Pt+Pd+Au over 20.9 ft ~C$ 397 per ton of ore). This style of mineralization is similar to the ‘Low Sulphide’ type characteristic of FNX’s McCreedy West PM Deposit which FNX brought into production earlier this year.


                                                              HIGHLIGHTS - LOWER LEVACK FOOTWALL ZONE

Borehole

Feet

Cu %

Ni %

Pt+Pd+Au g/t

Pt+Pd+Au oz/st

FNX6045A

1.0

0.4

0.1

15.6

0.5

FNX6046B

20.9

3.4

0.3

9.2

0.3

incl.

2.0

31.8

2.8

48.2

1.4

FNX6047

9.6

2.8

0.5

13.4

0.4

 

12.9

0.3

0.1

4.5

0.1

 

1.5

0.4

0.1

11.7

0.3

 

5.8

0.2

0.0

5.7

0.2

 

3.9

17.4

4.2

59.3

1.7

FNX7039

2.9

0.8

0.3

11.5

0.3


This type of low-sulphide mineralization tends to show weaker BH-UTEM responses, but responds very well to RIM surveys. RIM surveys were conducted using boreholes from both the Levack and Craig mines to better position the Levack Footwall Deposit and other possible mineral zones (Figures 3 and 4). The RIM surveys detected a very large, intense anomaly extending from below the Levack Footwall Deposit to the bottom of the surveyed boreholes and to the property boundary. The mineralized zone has not yet been investigated by drilling designed to optimize testing of the RIM anomaly and has only been tested by scattered drill intersections over a small part of the anomaly.


Drilling of the Lower Levack Footwall Zone continues from both surface and underground platforms.








KEEL FOOTWALL ZONE


In the January 21, 2005 press release, FNX Mining announced high-grade footwall mineralization at approximately the 600 ft level and some 4,000 feet up plunge from the Levack Footwall Deposit (e.g. 20.6% Cu, 1.0% Ni, 5.1 Pt-Pd-Au over 27.9’ ~ C$1,218 per ton of ore).  This mineralization, referred to as the Keel Footwall Zone, occurs in the same Sudbury Breccia package as the other footwall deposits.


                                                 HIGHLIGHTS – KEEL FOOTWALL ZONE (Previously reported)

 

B Borehole

Feet

Cu %

Ni %

Pt+Pd+Au g/t

Pt+Pd+Au oz/st

FNX6025

4.8

28.9

0.5

4.6

0.1

FNX6028

1.0

6.2

11.6

0

0

FNX6029

27.9

20.6

1.0

5.1

0.2

and

5.2

7.1

1.6

1.9

0.1

FNX6032A

1.4

11.3

2.6

10.1

0.3

and

1.3

18.9

9.1

10.5

0.3

FNX6037

6.7

3.9

0.8

3.6

0.1

and

3.3

0.4

0.1

6.1

0.2

FNX6038

3.1

28.9

0.1

7.6

0.2

and

2.6

1.5

0.4

9.1

0.3

and

1.8

22.7

0.5

11.4

0.3


The 2004 FNX mineralized intersections range from inches to up to 27.9 ft in core length and, together with the results of historic drilling, indicate a strike length of 600 ft in the footwall behind the Levack Main Orebody.  The Keel Footwall Zone is open in all directions and warrants extensive additional drilling. It has not been drill tested since the discovery of the Levack Footwall deposit early this year and no drilling is currently planned for the Keel Zone.



                                    CO-ORDINATES FOR BOREHOLES REPORTED TODAY

BOREHOLE CO-ORDINATES

BHID

Easting

Northing

Elevation

Length

Az

Dip

FNX6046C

9822.46

6936.63

13366.00

5413.4

351.09

-87.08

FNX6048B

9633.25

8612.92

13099.47

3740

170.25

-76.47

FNX6049

10195.90

7210.36

13320.00

5863

55.05

-89.29

FNX6049A

10195.90

7210.36

13320.00

4809

55.05

-89.29

FNX7036

9771.62

6186.21

9296.39

1754.8

0

-0.39

FNX7039

9794.97

6191.72

9293.60

1722.4

13.0

-35.62

FNX7040

9794.81

6191.30

9296.79

1997.8

13.3

-2.68

FNX7042

9289.93

7328.66

10282.20

1569

65.6

-58.5

FNX7045

9289.93

7328.66

10282.20

738

47.8

-39.7

FNX7046

9289.93

7328.66

10282.20

798.1

45.4

-55.4


QA-QC Statement


James M. Patterson, Ph.D., P.Geo, Vice President and Executive Consultant, a designated Qualified Person  pursuant to NI 43-101 of the Canadian Securities Administrators, is responsible for the verification and quality assurance of the Corporation’s exploration data and analytical results. Samples of half core are prepared at SGS Lakefield Laboratories in Garson and shipped to ALS Chemex in Vancouver for assay. Please see the July 16, 2003 FNX news release and the March 31, 2005 Annual Information Form for a description of sample preparation and assay procedures


For a detailed description of FNX’s properties and previous work, please refer to FNX’s Annual Information Form dated March 31, 2005.


Notes to Highlight Tables

 




 



Forward Looking Statement


This news release contains certain forward-looking statements.  These forward-looking statements are subject to a variety of risks and uncertainties beyond the company’s ability to control or predict which could cause actual events or results to differ materially from those anticipated in such forward-looking statements.  In this news release, statements about potential discoveries or extensions of footwall type deposits are examples of forward-looking statements.  There is no guarantee that any discovery of commercial mineralization will be made on FNX Mining’s Levack or other properties. Accordingly, readers should not place undue reliance on forward-looking statements.


For further information, please contact: FNX Website - www.fnxmining.com


James Patterson, Vice President and Executive Consultant

Tel: 416-628-5928, Fax 416-360-0550, Email: jpatterson@fnxmining.com


Terry MacGibbon, President and CEO

Tel: 416-628-5922, Fax 416-360-0550, Email: tmacgibbon@fnxmining.com






FNX MINING COMPANY INC.


INVITES ALL to 3-D VIRTUAL REALITY PRESENTATION and EXPLORATION and MINING UPDATE



SESSIONS ALL DAY – WEDNESDAY, NOVEMBER 2nd


DESIGN EXCHANGE - 234 BAY STREET, TORONTO



RSVP TO CHRIS at 416-628-5938 to RESERVE SEAT

(Seating is limited)









 









 










SIGNATURES




Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.


 

FNX MINING COMPANY INC.

 

(Registrant)


Date:

 


November     , 2005



By:


/s/ Ronald P. Gagel

 

Name: Ronald P. Gagel

Title: Vice-President and Chief Financial Officer